What technical levels are in play (and why) to start the US session on October 30?
What are the key technical levels in play as the North American session begins? and why? EURUSD: The EURUSD hit…
Category: Technical Analysis
AUDUSD Technical Analysis – The greenback remains in the driving seat
Fundamental Overview The main culprit for the US Dollar strength lately has been the rally in long term Treasury yields.…
Nasdaq Technical Analysis – The market is waiting for the US election result
Fundamental Overview The Nasdaq has been mostly consolidating around the recent highs although it managed to rise into a new…
S&P 500 Technical Analysis – Rangebound price action amid election uncertainty
Fundamental Overview The S&P 500 continues to consolidate near the all-time high as the election uncertainty keeps a lid on…
Gold Technical Analysis – Yet another all-time high
Fundamental Overview Gold yesterday rallied into a new all-time high following the US data release. Seems like the market focused…
The USDCAD stretches toward the highs for the year and toward highs going back to 2022.
The USDCAD has been stretching higher and is extending closer to the high price from 2024 at 1.39458. Move above…
NASDAQ index pushes for a record close (again)
The NASDAQ index is trading up 96 points or 0.52% at 18663.79. That takes the price above the July 10…
EURUSD range-bound ahead of election/data/earnings? If so, what does that look like?
The EURUSD has been trending lower since peaking in mid-September. Rates moved higher. The markets seem to be pricing in…
USDJPY Technical Analysis – There are no bullish drivers for the JPY
Fundamental Overview The JPY started the week on the wrong foot following the Japanese elections over the weekend where the…
Kickstart the FX trading day for Oct 29 w/a technical look at the EURUSD, USDJPY & GBPUSD
The USD is moving higher in early US trading. Yields continue to extend to the upside. Concerns about a Trump…